Independent journal on economy and transport policy
19:04 GMT+2
Kawasaki Heavy posts half-year loss as strong yen erodes sales
(Shipping Times)
November 2, 1999
[TOKYO]
Kawasaki Heavy Industries Ltd, Japan's second-largest maker of ships and heavy machinery, posted worse-than-expected first-half earnings as the strong yen eroded the company's overseas revenue. The company, which also makes military aircraft, bullet trains and motorcycles, had a parent net loss of 5.78 billion yen (S$91.3 million) in the six months ...... Read more on Shipping Times
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